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. the difference this time around, the economy is better, housing is better, the labor market is better. this time around, i think it is a little different, a little bit better fundamental backdrop. tracy: let's talk about how we can position our bonds for it. >> it is hard to know exactly where this will settle out. the move of two to 40 has been pretty dramatic. we may have already covered a lot of the ground we will cover. on the equity side, i think you have to be overweighted in the u.s. still. i like the domestics of the goals. we are the only major market in the world that is growing and i think stocks here are still reasonably priced. tracy: i know you also like tech. >> the problem with tech is you have to be a little discriminating because as a factor, it derives more of its product overseas than ever. the tech sector, in my view, again, is pretty reasonably valued. tracy: we have to talk about commodities. gold is down. event gold typically down this time of year? >> i would not be getting into gold. i think gold is being washed out as a result of the fed's projections. the rest of the
sweet. >>> federal reserve chairman ben bernanke has a little more positive view of the u.s. economy. but that sent markets tumbling. cnbc's andrew ross sorkin, my friend. >> hey, my man. how are you? >> i'm doing well. >> great to see you. >> congratulations, by the way. i'm probably two or three weeks late here, but it's -- it's been probably more than that but marv tlous watch you every morning. >> i know you miss me. we need to know why the stock market tumbles so strongly when mr. bernanke says we might stop something in the future but nothing is happening right now. >> because we've indicated for the first real time that we are taking the drugs away from the patient. that's what's happened here. this is all about whether we can handle it. it's sort of -- it's kind of like antibiotics. you are supposed to take them to a certain point and then stop taking them before they finally kick in and start to work. it's hard to gauge when you are supposed to stop with the medicine. and that's really the question right now. the market clearly feels that the economy isn't out of the woods y
economy, then you're going to be shocked by the report "rolling stone" has for us tonight. that's coming up. also a shocking turn of events on the house floor as the house speaker brings crucial legislation to the floor and watches it go down in flames. i'll tell you why what's bad for john boehner is good for the country. >>> plus bailouts of struggling casinos? it is also something that is totally happening. we begin tonight with a truly rare bit of genuine progress from congress. excellent news that nonetheless has me seething with anger. here's what's happening that's great news and infuriating. making sure 11 million immigrants are given a road to citizenship is trying to pass a bill by a huge margin in the senate. they are called the gang of eight and the reason they think they need the huge margin victory is to put pressure on house speaker john boehner to bring the legislation to the house floor even though it it will almost certainly not have the support of a majority of house republicans. so that's the game plan. the goal is get 70 votes in the senate, a goal that has seemed, w
anticipated meeting on the economy. and the result of that meeting could affect your retirement savings, your ability to sell your home, buy a home, your 401(k), your cash. the list goes on and on. as we know, everyone sits with bateed brea bated breath waiting for the voice of ben bernanke. christine roman, good to see you. we're hoping you can translate some of the fed speak in language we can all digest. i know this is your beat. tell me, we're awaiting this statement. what will you be listening for? >> what we know is we have seen the statement. we know there's no change in the amount of bonds the fed is going to keep buying, that stimulus into the economy. no change in its interest rate target. really i would say overall no change from the fed right now. and that is what so many people wanted to know. will the fed chief, will ben bernanke, continue to stimulate the economy. they're putting $85 billion every single month right into the economy by making these bond purchases. what we can tell you, the statement from the fed, that's going to stay the same. they are not announcing how, when,
the economy has not recovered from the collapse that wall street caused in housing and other areas. we had recreational vehicles industries gone. we had some high tech that's moved on. we had a lot of construction, home building, lumber, wood products pretty much decimated. the rural areas i have in my rural counties, unemployment over 20%. people are struggling to make ends meet, and we're going to cut their benefits. they want to work. some of them are working, and we even have a higher minimum wage than some states, but it still won't get you through the end of the month for your family. now, this is just outrageous. there are ways to cut this bill. we're going to stop paying finally at last, we are going to stop people not to grow things. we are going to have a new program of crop insurance and some estimates are this program which goes to anybody with an unlimited income, if you're a corporate farm and has $2 million, government will pay 80% for your crop insurance, 80% subsidies. why is that? we could cut this and -- if you earn a quarter of a million dollars a year, go buy your own
, they can't weaken america. they didn't weaken our economy. they helped build this country, helped build this economy as all of our ancestors did, and that's true of immigrants who want to come here and work and we ought to have a legal avenue that allows these people who want to build a better life for themselves and in the process build a better america, we ought to allow that to happen. this bill in my view doesn't go nearly far enough in accommodating the legal immigration that we could and should have in this country especially with respect to low-skilled workers. i'll be the first to say the bill makes a lot of progress for high-skilled workers, two big areas, the h-1b visas, the cap that has been too low for too long is significantly raised and although we've created hoops people have to go through that are probably unnecessary, it is progress that we have a much higher cap. there's also a new opportunity for graduate students in the stem fields to get green cards in time and that is very, very constructive. these people come here with a great deal of human capital, intellectual c
economy has done better. we build bigger, stronger fences. john: as the border patrol now we are here? >> oh, yes. john: an hour later they showed up. >> filming a segment. i intend donald -- ten donnelly. john: after that the left them one. once more fences. >> is this your ideal fans? >> ts is good. it forces people w wantt to smuggle something to go to a high point where law-enforcement border patrol ents can easil see they have been interdicted. we ought t secure it. john: a problem with the current fans. >> here is this biggeffective miti dance. impervious, scalable. then all the suddenn it just hands. is right here is absurd. >> despite the billions we have spent, there are still lots of balls in the fen. especially the older part. >> ts looks like a pretty good-sized already your. >> this is an area that we have volunteers who came down with welding track and well that up these holes. i mean, it is patchwo. >> i'm touching mexico. john: not that hard to get over the fence. drug dealers build ramps. this carappens to get stuck. kennedy found it was pretty easy to climb the fence
, putting money into the economy. that's is what is going to happen. and -- >> neil: when you say taper, so not 85 billion. >> 7 5. and cautiously say if things get worst we're back to buying again. i think that's is what the say. most economists agree on that. it's interesting -- this is my one, -- i think the fed, even if it tapers a little bit, the chances are the stock market will keep going up. i only say that people should be cautious about the future. here's one reason. wall street is trying to sell this there are notes from goldman sachs, larry fink, meredith whitney, a big bull. they're trying to sell this market. i only worry that when wall street says, listen, don't worry too much, keep buying stocks, as an average investor, play attention to it. and i can give you an interesting bullish scenario. the fed does taper, the economy is getting better, markets start reflecting the economy, corporate profits, earnings are strong, and low inflation and guess whatting are as they taper, the pop the bubble in the bond market. there's a bubble in the bond market. particularly the more ri
of it is a collection of shabby tents, it is more like a city with its own economy, institutions, social fabric. so dismantling this place is more complex than simply pulling up those tents. arrivalse earliest pitched camp here in the first wave in 1994. he now has a thriving business, two wives, and three grandchildren with another on the way. there is still a lot of danger. i recognize it is my homeland but i cannot go back there. in my heart, this is my home. this is where i have lived peacefully for a long time. a refugee camp for many, a real home for many more. >> there is a drive britain to draft new laws that could see reckless bankers jailed. the british government supports a recommendation a by a committee reviewing banking standards in the uk, making bank a such as this in a criminal offense. >> as they put it, high standards in banking should not be a substitute for global success. on the contrary, can a -- they can be a stimulus to it. we already support of the recommendations on new criminal and canceling bonuses where bands are bailed out. been --on designer has fashion designers hav
national security but invests in the economy. it's more about who we are. i'm very hopeful. >> senators get back to work on capitol hill behind me in this 15 minutes. we expect to hear from senator reid. back to you. >> joe biden is one in the immigration leading the charge for this. >> it's time to provide a fair, reformed unfettered pass to citizenship for $11 million undocumented immigrants. >> he spoke at a awards banquet in las vegas and says this is part of the future of america. >>> and san francisco state senator leland yee will hold a news conference in support of immigration reform. he will unveil a measure that pardons 11 million immigrants and branses them similar immigration rights as same-sex couples. >>> a new volunteer center has been launched for sierra lamar. they've moved to central high school. it used to be at burnett elementary. sierra's father, steve, made the move will allow volunteers to rico -- refocus on finding her. now, antolin garcia-torres has been charged with her murder. >>> a shooting happened about 10:00 at 6th and natoma. the victim was shot twice but is
, two, three, four, five times. john: four years ler, fewer cross illegally bause the mexin economy has done better. we build bigger, stronger fences. john: as the border patrol now we are here? >> oh, yes. john: an hr later they showed up. >>ilming a sment. i iend donald -- ten donnelly. john: after that the lef them alone. once more fces. is this your ideal fans? >> this is good. it forces peopleho want to uggle something too t to a highoint where law-enforcemement border patrol agents can easily see ey have been interdicted. we oug to secure it. john: a problem with t current fans. >> here is this biggeffective mitidce. impervious, scalable. then all the sudden it just has. this right here is absurd. >> d despite the billions we hae spent, there are still lots of balls in theence. especially the older pt. >> this looks like a prett good-sed already your. >> this is an area that we have volunteers who ce down with a weldg track and wl that u these holes. i mean, it is patchwork. >> i'm touching mexico. john: not thatard to get or the fence. drug dealers build ramps. this car happens t
: both sides are addressing the economy, to bring growth back. it is not easy. we are facing enormous challenges on both sides. we have different kinds of responses, different kinds of contacts in america. i think the common concern is to make sure the recovery is a sustainable one that we don't go in an up and down in terms of economic performance. i think we have established a few lines that are common. we need financial stability and we need to increase our competitiveness. we are facing enormous challenges in emerging economies. we need to adjust our economy for training and education and we need the skills in the job market. for the moment i think the g-8 has clearly identified that. we need to join efforts at the international level to create a right position. host: what needs to happen? guest: i think we need to consolidate our accounts and put our house in order in terms of the debt and deficit. that is crucial for our credibility of our efforts. at the same time, we need to invest in a new way, we need to create the sources of competitiveness for the future. so our economies
which will have a terrible impact on state and local economies. going back to when the government tries to implement compassion it will always be done on a political basis. i want to speed up because we want to leave time for discussion and our other panelists. i want to give you an example how this happens. i heard this great example. think about a mother who steals to feed her children. she goes to children. her children end up in foster care. we have sympathy and there is the terrible situation, where is the outcry for amnesty for such a person? where the outcry for family reunification for someone broke the law. it is not there? why? because she is not a member of desired political block people in washington trying to garner favor for. that is to go back to let individual discuss 19 we get mandate for compassion. go next to verse 34, right after the mandate that we exercise kindness to strangers, it also prohibits unjust weights and measures. that is what this bill is. it is an unjust weight and measure. we need to take the things into consideration. i could go on. this bill also, a
in this that america is in a global battle for capital and labor. if we're going to grow the economy in the united states at the rates he would talk about historical through our lifetime then we have got to have more labor. not only high skilled labor like science and technology and engineering and math but it is critical to increase the of h1-b visa and also start to do a better job to raise american kids to get the master's and ph.d. engineering and physics but in the short term and in the midterm lot of the labor costs to come from other countries and we are so blessed that our university system is a magnet for the best in the world when it kid gets a ph.d. in engineering from mississippi state we should staple a green card to his diploma because if not he will go home to mom buy and hire 800 people were if we let him he would much rather stay here and it is almost universally accepted that we have the other essentials labor that is not a phd. california that biggest agricultural state more than half of the farm is here illegally and only 4% are here on the special agricultural be said because
we've got to get the economy jumpstarted and back on track in a manner that is sustainable for the programs that we all care about. one of of the ways to clearly do that at the -- at the cbo has indicated, and this is a nonpartisan operation, is to pass copperheads if immigration reform that provides an additional piece of evidence as to why this is so significant for us to get done and to get done sooner rather than later. ,ost: congressman jeffreys what is another issue, before we go to calls, that you focus on or that you think the congress should be addressing? i think we have to do with the gun violence problem we have in america. it is, katie, i understand that, but certainly as americans focus on the problem, and the aftermath of the tragedy in newtown, connecticut, the issue that we confront in the district, i represent a very urban district that has several neighborhoods in east new york,: the island, brownsville, that in the last several decades have gunrienced issues in violence. almostevery reagan, -- every weekend, there is an issue that has resulted from an il
in the local economy generated by the store and new jobs it creates. it has a multiplier effect. to know that this works, we need to look at pennsylvania. a similar program that began there in 2004 resulted in 88 projects being built or renovated in underserved urban and rural communities across the state. today, more than 5,000 jobs have been created and i know we all want to create jobs, and 400,000 people now have increased access to healthy foods. 30 million invested by the state has resulted in projects totalling more than $190 million. the pennsylvania program success rate has been better than the grocery industry overall. federal, state and many city governments are enacting legislation and policies to attract healthy food retail. this is tremendous momentum around the country right now to bring grocery stores to places that need them. also a diverse group of nearly 100 stakeholders support this bill, including policy link, the food trust, the national grosser's association and newly rouse agricultural, civil rights support this bill. the senate supports this -- the senate has rec
that it would be good for dairy farmers in the northeast who are such an important part of our economy. but i cannot and i will not support this farm bill as it is currently written. i cannot support a bill that cuts the snap program by $20.5 billion. i cannot support a bill that will force two million americans to lose their benefits. i cannot support a bill that throws over 200,000 american children off the free school breakfast and lunch program. in short, i cannot support a bill that will make hunger in america even worse than it already is. right now as we speak, as we gaggetser here, there are -- as we gather here, there are 50 million hungry americans, 17 million of them are children. many of them work but do not earn enough to make ends meet. all of us, every single one of us in this chamber should be ashamed by those numbers. food is not a luxury. it is a basic necessity. but there isn't a single congressional district in america that is hunger-free. ending hunger in america used to be a bipartisan issue. to my republican friends i say, remember the work of people like bob dole and b
will be providing whatever support is necessary. if the economy does not improve along the lines that we expect, we'll provide additional support. if financial conditions evolve in a way that's inconsistent with economic recovery, we will provide support. but -- and in that way we hope to increase confidence both among market parts, but also among investors and private consumers and other people in the economy. so, but, again, your point is well taken that we are in a position where the simple adjustment by 25 basis points to the federal funds rate seems like a long-ago experience, and we are in a more complex type of situation. .. >> it is certainly true that it has taken time to do these regulations. number of reasons for that. the first is they're inherently, many of them are quite complicated, the volcker rule involves little distinctions between hedging and marketmaking and proprietary trading. many of them involve rules to coordinate and cooperate and agree on language. the q r m rule, six agencies are involved in making that rule and the third fact, the third and basic issues we have to do o
-thirds of americans rate the current economy as before. the poll also indicates a positive trend: the number of those who rate the economy as good as ground steadily since the end of last year-up nearly 10% from last december. overall, optimism that the economy will improve is split almost down the metal. 50 percent predict they will be better off a year from now, 49 percent say things will get worse. >> if you think about starting a business, calif. just might be the state for you. according to the kaufman index of entrepreneurial activity and a list of 10 states saw more start of activity than anywhere else nationwide. here is a look of the top 5- montana, vermont, new mexico, alaska, and mississippi. coming in at no. 6 is california. in 2012, the state had a starting rate of 410 per 100,000 adults. the coffin index says that california has major advantages including a strong talent base, an estimatestablished network of venture-capital, a big consumer market, and top not to private and state research schools. a government analyst says the merger of american airlines and u.s. airways would reduce c
. the president's approval rating on the economy in this poll is 42 approve, 57 disapprove, and as you know a lot of young people are getting out of school and not being able to find a job, and a large number of kids who get out of college are moving back in with their families. i think this is more than just nsa, it may be the economy, it may be the overall perception of the president. the other interesting note in the poll was that for the first time he was viewed by the american people as not honest and trustworthy. 49% said that phrase applies to him. 50% says it does not a my to him. that could be another thing, because young people had such -- he was such an aspirational figure to younger voters and younger americans and if there is agreeing perception that he's not shooting straight with him, that he's not honest and trustworthy that could be very close not only among young people but among all voters. jon: isn't that perhaps the bigger problem i mean for him? because it's one thing to have your job approval rating kind of bounce up and down, but once you are perceived as not necessarily t
's a reflection of the economy. i stand in support of mr. gowdy's safe act and we've seen as moving before in 1986 and if we go down that path it's not going to end well and it's an to have a devastating effect. thank you for allowing me to speak today. >> thank you, sheriff and we will now recognize mr. crane to read >> good afternoon, a ranking member conyers and members of the kennedy. we are still reading through this a fact introduced by congressman gowdy however my reaction is one of appreciation and support for his efforts. i applaud the congressman and his staff for creating a bill that makes public safety a priority that reforms enforcement. unfortunately, the gang of eight legislation reflects an absence of all enforcement input as it contains no tangible plan for border security and essentially ignores interior enforcement altogether while simultaneously treating it that his citizenship for members of criminal street gangs and most other criminal aliens. we hope the members of both parties in the house and in the senate will review the provisions of the safe act as the gang of eight leg
and economic plan. in addition to the safety and economy measure along broadway, the left turn capacity at van ness onto broadway and the development of alternative routines or modes to accommodate travel demand. i also hope there will be coordination with golden gate transit and adding additional service. my staff and i are very interested in seeing this moving forward to test some pilots of these ideas. i know supervisor ferrel has interest in looking also at some of the impacts of what we are talking about on lombardy street and i have hope that my office can work with the ta staff to get this moving forward. >> you have inspired me with your comments about going to oakland earlier. i think going forward my suggestion let's recess every ta meeting to see steven curry as much as possible. i think a lot of men and women would appreciate that. >> thank you for your comments. >> can we go on to public comment? any member of the public would like to comment on what we should be doing as a body? >> avalos you said there was going to be a workshop at the ta headquarters at 1455 market 22nd floor
by the french and germans? >> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively. that's always been a much more important issue to europeans than it ever has been in the united states. and you sort of take all of that into account and so there certainly is -- you know, the shine has worn off. two years ago when president obama would come over here, you know, you know, figuratively throwing rose pe petals at his feet. he still has a huge audience a few hours ago in belfast for a speech he gave that was addressing northern ireland youth. he's going to get a huge number of people at the brandenburg gate when he makes that speech on the 50th anniversary of jfk spee
to moderate the month li purchases later this year. >> it's contingent on the economy improving. unemployment is getting as low as 6.5% next year. that would be nice. currently, it's 7.6%. >>> home prices are rising. enjoy it while it lasts. they rose in may compared to may of 2012. most cities are seeing big, double digit gains. prices in las vegas up 28%. similar moves, san francisco, san jose, phoenix, they were hit hardest by the housing bust. it's bound to slow down as mortgage rates rise. >>> two of the most famous clothing designers. an italian court says they cheated on taxes. they will not serve time in prison, but do community service oar house arrest. they plan to appeal the verdict. >> revolutionize prison jump suits. >> imagine that. >> we spend a lot of time together now. i spend more time with you than my wife. i have not seen her worked up about anything like that. >> the fed is going to withdraw the stimulus. remember all the terrible words, the fed giving a road map for pulling back the stimulus from the economy. it will be next year. that means you won't have $85 billion a
's the existence and the possibility that the market is getting better. that's not a bad thing. we want the economy to get better. the problem is, is that the quantitative easing has at some point got to go away. >> what they call the stimulus. kr yeah. winding down on that. >>> two big stories. of course, you see the dow which has to deal with your wallet. then the story people have been following here for a year now. just a little bit more information before we go to break here. as i said, jury has been selected in the george zimmerman trial. just to tell you about this jury, it's a six-person jury to hear the case of george zimmerman. it's been chosen. it consists of six women, we are told. there are no men. no men on this jury. four of them are white, one is black. the race of the only woman -- the race of the one lady is unknown. we're not exactly sure what it is. again, four white, one black. i'm not exactly sure of one. four alternates being chosen right now. more on this developing story when we come right back. i don'without goingcisions to angie's list first. with angie's list, i know who
talking about policy. we're not saying we don't like the economy. we're not saying it's this one program. we don't trust you. >> reporter: and that becomes a huge problem for a progressive presi"ent who needs to tell people, let me use the government to make you) life better. if you don't trust him, his disapproval rating is up and you think government is too big -- 6 in 10 americans now think government is too big, that he can't manage it effectively. this is like a political version of an underwater mortgage, if you will. his disapproval is above 50. people don't trust the government. you look at this coming out, is he trustworthy? 49% say yes. that's up 58% since just last month. so he's taking a hit. something has americans stoppint and saying, hey, wait a minute. when you're early second term with the midterms just around the corner, don't invest in one poll, but if you're president and you know the clock is ticking, that's trouble. >> it's one thing about the nsa or about a policy, but if it's whether or not he's believable, it makes it difficult to come back, even it's just one po
into the mirror to look at history. let's quickly revisit the highlights. this president brought the economy back from the brink through a stimulus program, a bailout of the american auto industry, strengthening financial reform and creating a dedicated government bureau to protect consumers. changing the composition of the supreme court by appointing two impressive women. and of course the largest progressive domestic policy to expand our social safety net in a generation, the affordable care act. for obama supporters accustom to all those policy successes, so far the second term may seem like it's off to a slow start but i think that changed this week. the president just took a crucial step towards the first big win of the second term on tuesday. advocates for immigration reform broke an attempted filfilibuste. now nothing should stop the senate for an up-or-down vote for landmarking legislation that would provide the u.s.'s first comprehensive immigration reform in almost three decades. if that happens, president obama will become the first president to make a lasting mark on immigration polic
to our economy and robs the bill's opponents of one of their last remaining arguments. the report proves once and for all that immigration reform is not only the right thing to do to stay true to our nation's principles, it will also boost our economy, reduce the deficit, and create jobs. immigration reform should be a priority of progressives and conservatives alike. i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: a senator: madam president? the presiding officer: the senator from texas. mr. cornyn: i would ask unanimous consent that the quorum call be rescinded. the presiding officer: without objection. mr. cornyn: madam president, i have come to the floor to say a few words about rosa boren export, the russian state arms dealer that has been supplying the syrian government with deadly weapons and facilitating mass murder. last november, i sponsored an amendment to prohibit the use of taxpayer dollars in america to enter into contracts or agreements with rosa boren export. my amendment had strong biparti
says if the reform bill passes, it would boost the economy and cut the federal deficit by $200 billion in the next decade. but now there are fears it may not happen at all. our political director john dickerson is in washington. john, good morning. >> reporter: morning, charlie. >> so what's the impact of this cbo report? >> reporter: well, i think for those who are pushing comprehensive immigration reform, it's a second big argument for them. they've been making the moral case that the immigration system has to be fixtured. now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states illegally? >> reporter: the central tension to watch in this bill is between get
the economy looks like it's on the mend. so, take a look at these numbers. the economy is expected to grow by at least 3% next year. unemployment could drop as low as 6.5% by next year. it's all looking like better news. but on the flipside, interest rates are moving higher, which means that the cost of buying a home or buying even a car could go up. so, take a look at this. every time that mortgage rates go up just 1%, the cost of buying a home gets 10% more expensive. that could deter a lot of buyers. and of course, higher interest rates, they do benefit some people like savers and retirees living off bank accounts and cds. so, it's some good news for those living on a fixed income, josh. >> indeed it is. rebecca jarvis, thank you for that. >>> we're going to turn to the firefight in the west. at last check, that fast-moving wildfire north of phoenix is 0% contained. you see pictures of it there. nearly 500 homes are threatened. and another wildfire has erupted in colorado. this one southwest of denver. those hot and windy conditions are fueling the flames. sam's forecast coming up in a
our heritage, our hunting and fishing traditions and all the sustainable economy that comes from that on something that's speculative? it doesn't make sense from a dollars and cents standpoint. >> reporter: now, the blm is still allowing public comment on its decisions through the end of this month. jenna? jenna: a story to watch, alicia, thank you. jon: so the clock is ticking on passing immigration reform in congress. could a security surge on the border be enough to silence the critics of this bill in congress? we'll ask one of the so-called gang of eight senators who is pushing immigration reform, john mccain of arizona. >> the facts are that 11 million people live in the shadows, and they live here in de facto amnesty, and by god, they are being exploited every single day. jon: "happening now," maybe call it the border surge. two republican senators hoping that a plan to boost border security with double the agents, a 700-mile fence and the use of drones will push a bipartisan bill on immigration across the finish line in the senate and also garner the support needed in the
this year. the program has kept interest rates at record lows but bernanke says the economy is clearly on the mend. >>> the fed's plan didn't go over well on wall street. stocks overseas are falling this morning. >>> best buy is bringing back the popular iphone trade in deal. beginning tomorrow and until next saturday you can turn in your iphone 4 and get an iphone 5 for free but you must be due for an up grade and >>> the city council will hear a final reading of the social host ordinance july 15th. it would take effect august 14th. berkeley, concord and pleasanton approved ordinances to deter underage drinking. >>> attempted abduction in pacifica turns out to be a hoax. a 10-year-old girl claimed man tried to kidnap her on sunday. police investigating the incident began to doubt the girl's story and investigators say she finally admitted she made it up. >>> this morning a paroled south bay i.t. technician is back in jail on a million dollars bond charged with stealing computer passwords to equipment. prosecutors say just weeks after getting out of prison, he picked up right where he
to toilet paper united confirms this was a bathroom in economy class. plot toilet tissue and our crew improvised and provided customers with paper napkins. we apologize to our customers on this flight for the inconvenience." united recently placed dead last in one annual report performance. united says its merge with continental was a contributing factor but insists their performance has improved. about their 2 ply problem. the airline says finding more tissue would have delayed the flight. as a passenger i would rather use cocktail napkins in a bathroom than have an hour or two delay so i'm with united on this. still ahead a violent robbery on muni caught on video. now more victims are coming forward..saying they were also attacked by a brazen teenage duo. the stock market today. the dow suffers it's worst drop of the year. the closing numbers. next. ♪ we don't have a ten step filtering process for our water. we don't need it. because crystal geyser is made by nature, not by man. crystal geyser is always bottled at the mountain source. make a wish! i wish we could lie here forever.
demonstrated, it will be the largest boost to the economy we have seen in a long time. we have almost reduced the debt. and in the process we are going to increase the security of this great nation. mr. president, i have indicated the part of the subcommittee chair. this includes ted kennedy who tried to do this the best that he could. he was chairman for decades. i'm sure that he is, and wait until next friday, he's going to smile at all this because this is a remarkable and good piece of work that he tried to do for a long time. this country is a nation of immigrants. i have to say just a couple of more things. my wonderful wife is here in america today because her father came here from russia. he and his people were persecuted against. one thing he did accomplish, he fathered my wonderful wife. an only child. as a result of that, i have five wonderful children, 16 grandchildren, that is what immigration is all about. that is why this country of ours has found immigration as a source of vitality and not a burden. this has been part of america's genius. i'm very proud of this body. >> the se
a decent chance to have a green economy. for that, we need money. we can get involved in a the way that we did in afghanistan and iraq. so the drones give us the ability to get involved without doubt level of cost if you look at how it was done come it is extremely disturbing. that is the administration who went into the conflict in libya without letting congress discuss it. that is because the administration said there is no american lives at risk and this is not a war. so congress doesn't really have a say about this. so it set a precedent for the next administration to get us involved in conflicts without going to congress. i think that it is dangerously seductive with former officials of the obama administration. it seems so effortless but lives at risk. he's just getting involved in somalia and bases now being peppered around the middle east and in africa as well as well as the pacific rim. why are john bases being set up because they must be planned in the future as well. there is something to conserve the proliferation of jones. that is something that she has known about. >> talk a
when the central bank will end its economic stimulus program, reacting to news about china's economy. reports on unemployment, manufacturing and housing here in the u.s. the drou dropping to 15,is 12, the nasdaq to 3,833. >>> mow zil la is going ahead with plans to offer a do not track option. that would block the most common forms of internet tracking, allowing people to limit who watching their online movements. the decision comes despite big resistance from advertisers who claim this tracking is essential to delivering well targeted lucrative adds that pay for many web services. microsoft is reversing course on its xbox 1 game console. users can left-hand and sell used games. these had been criticize bid the hard core gamers since microsoft unveiled the xbox one in may. the device goes on sale this fall for $499. we'll definitely see how it does. >> kayla tausche, thank you very much. >> bowing. >> you taught us so much. >> i used to teach etiquette to little kids. >> you got to work on me. i got a ways to go. >> christina loren is here to tell us and sprinkle etiquette, sunshine,
nasdaq lost 21. americans confidence in the economy weakened and was a prime factor. >> one bay area company is doing well. restoration hard ware shares were up today and have nearly tripled since last november they have developing a kitchen and table ware line expected to launch next year. >>> thrills and spills at a new skate park tonight. new at 10, live in fremont to show us why such a big hit maureen even though not everyone is following the rules. >> reporter: it may be empty but earlier tonight it was packed and the official opening isn't until next week. this is what it looks like to drop into fremont's new skate park. we turn the camera on a skate border. athletes of all ages are packing the park. >> it is my favorite skate park ever. >> reporter: 8-year-old gavin has been skating since he was 5. >> i broke my wrist, my toe. my knee. and another toe. >> reporter: in fact we saw several skate boarders get injured after performing trickmanoeuvres. despite this rule posted that requires skaters to wear helmet, knee and elbow pads the vast majority were not wearing safety gear.
ended on a down note the dow lost 105 points nasdaq lost 21. americans confidence in the economy weakened and was a prime factor. >> one bay area company is doing well. restoration hard ware shares were up today and have nearly tripled since last november they have developing a kitchen and table ware line expected to launch next year. >>> thrills and spills at a new skate park tonight. new at 10, live in fremont to show us why such a big hit maureen even though not everyone is following the rules. >> reporter: it may be empty but earlier tonight it was packed and the official opening isn't until next week. this is what it looks like to drop into fremont's new skate park. we turn the camera on a skate border. athletes of all ages are packing the park. >> it is my favorite skate park ever. >> reporter: 8-year-old gavin has been skating since he was 5. >> i broke my wrist, my toe. my knee. and another toe. >> reporter: in fact we saw several skate boarders get injured after performing trickmanoeuvres. despite this rule posted that requires skaters to wear helmet, knee and elbow pads
-day summit of the group of eight industrial economies-- with the syrian civil war expected to be at the top of the agenda. he's expected to have private discussions with russian president vladimir putin. as the russian government has been supporting the syrian regime of president bashar al assad obama's decision to arm >> a pretty foggy day put your forecast coming up. ♪ ♪ ♪ i gotta go deposit a check transfer some money. so it's your uncle's turn. what? wait, wait, wait... no, no, no, wait, wait. (baby crying) so you can deposit a check... with the touch of a finger. so you can arrange a transfer in t so you can help make a bond... i got it. that lasts a lifetime. the chase mobile app. so you can. >> the murder trial of joseph naso, charged with the decades-old slayings of four women in the state is set to get under way. opening statements are scheduled for today. naso has chosen to represent himself. throughout naso's preliminary hearing, prosecutors painted naso as a "sexual deviant" who drugged and photographed his unconscious victims, then strangled them and dumped their naked
we did nothing in the face of real threats to our security and our economy. >>brian: shortly after president obama's state of the union address his administration freed 2,000 of the most dangerous illegal aliens detained in u.s. jails. one film says we won't find the answer in d.c. so he went to the u.s.-mexican border to prove it. >> we've got units now. everybody's lights on. he is pushing them. he is pushing them north. [music] >> 60-plus. it's plenty busy. >>brian: joining us is the director of "they come to america ii." dennis, you went back to do a follow-up on your first. why? >> i knew what the truth was, and i didn't feel as if i got it right the first time. i had to get it right the second time. i got it right. everything that you have been seeing on television -- everything -- is wrong compared to what it is you'll see in this film. it's because you would never send your cameraman where it is that i go. everything is coming through that border, brian. and when i say everything, i'm talking about terror at its worst level. that's coming from a guy who witnessed 9/11 first
action to slow climate change and putting people back to work as our economies recover. >> obama: every person can enjoy the dignity that comes from work whether they live in chicago or cleveland or belfast or berlin, in athens or madrid, everybody deserves opportunity. we have to have economies that are working for all people, not just those at the very top. >> speaking of the economy a new cnn rsp poll asks if you're better economically now? >> conditions are somewhat good, 44% of americans say their personal financial situation worse off than a year ago. kind of a mixed bag. we're back after the break. party or the other. when the democrats are wrong, they know i'm going to be the first one to call them out. cenk on air>> what's unacceptable is how washington continues to screw the middle class over. cenk off air>>> i don't want the middle class taking the brunt of the spending cuts and all the different programs that wind up hurting the middle class. cenk on air>>> you got to go to the local level, the state level and we have to fight hard to make sure they can't buy our poli
important to our economy. they involve public policy issues that range from jobs to the internet. many people are interested in following our trade policies and they need to have enough information to be able to offer real input into the process. i think the trade representative needs to be committed to transparency and democracy. last week i asked mr. froman if he would commit to making public the bracketed text for the trance pacifitrance pa -- transc partnership. i asked him to provide more information about what trade advisors were receiving what information. each request that i made about commitment to public revealing information, he answered with a "no." so i rise to repeat my opposition to mr. froman's nomination as the next u.s. trade representative. we need a new direction from the trade representative, a direction that prioritizes transparency and public debate. i urge a "no" vote. mr. hatch: mr. president? the presiding officer: the senator from utah. mr. hatch: mr. president, i've seen a lot of people come and go -- a senator: the senate's not in order. the presiding offic
growing economies in the world, to help solve local food emergencies. i urge my colleagues to support this amendment. thank you. the chair: the gentlewoman's time has expired. the gentleman from oklahoma is recognized. mr. lucas: mr. chairman, i yield to the gentleman from tennessee, mr. fincher, one minute. mr. chairman, how much time do i have remaining? the chair: the gentleman from oklahoma has 2 1/2 minutes remaining. mr. lucas: i yield to the gentleman from tennessee. the chair: the gentleman from tennessee is recognized for one minute. mr. fincher: thank you, mr. speaker. i rise in opposition to this amendment. this amendment favors our foreign competitors over american-grown products, american-grown industries and jobs filled by americans. unlike foreign aid programs, the food for peace program is america made through and through and is tied to approximately 44,000 american jobs in the agriculture, transportation and maritime industries. an american is employed in every step of the process of the food for peace program. americans grow the crops, the commodities are processed a
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